Pontoon Boat Financing Calculator

How Do We Estimate Your Pontoon Boat Loan Payment?

We estimate your pontoon boat loan payment based on your MSRP (USD), rebate amount, down payment, and loan details — your estimated interest rate and loan term (months). Making wise financial decisions all starts with learning about pontoon boat financing.

What is a Typical Pontoon Boat Loan Term?

Your boat loan will be unique to you and depend on the cost of the boat you’re buying, but a typical pontoon boat loan term is 10 to 20 years. Usually, the larger your loan, the longer it can be financed. If you get a secured loan, which is a loan where your boat is collateral, you can usually apply for up to a 20-year loan term.

How Much to Put Down on a Pontoon Boat?

Most of the time, a boat down payment is between 10-20% of the boat’s price. The more you put down, the more you will reduce your monthly boat loan payments. When considering how much to put down on a pontoon boat, remember that there are additional costs associated with owning a boat. Every boater should consider the cost of pontoon boat basics. You’ll also have other costs, including boat insurance, equipment and accessories like safety gear and watersport equipment, marina fees, and fuel costs.

What is an Average Monthly Pontoon Boat Payment?

Similar to a car payment, your monthly pontoon boat payment is going to depend on your credit score, the amount you finance, and the length of your term. Your average monthly pontoon boat payment may be in the hundreds or even thousands a month if you’re able to pay your pontoon boat off quickly. Experts estimate that monthly payments are between 1.5-2% of the boat’s value.

Where to Get a Pontoon Boat Loan?

You can get a pontoon boat loan from an online lender, a bank, or a credit union. Some financial institutions offer special deals and competitive pricing specifically for POLARIS products, like Bennington pontoon boats.